Unit 5 Journal
Please share, in your own words, why you believe the United Nations Global Compact group has initiated the “Accenture CEO Study”.
The UN Global Compact group initiated the “Accenture CEO Study” because today’s business leaders are committed to sustainable business. They believe by doing sustainable business they can increase profits and contribute to solving global challenges such as economic, environmental, education, and gender gap issues. In other words, CEOs believe if they act socially and environmentally responsible they can create value for the company and the society in general.
Why are they interested in what CEOs of companies are doing?
The UN Global Compact is interested in what the CEOs are doing because they want to know what efforts the business leaders are making in order to address the environmental and social issues. They also want to find out if the CEOs’ main and only objective to make a profit for their shareholders. In the surveys, they have found out the majority of CEOs believe sustainability is important for the success of their business and they are committed to addressing global challenges through education and training. The CEOs think the conditions for a sustainable business are already set since the majority of consumers demand the corporations for sustainable products.
Why are …show more content…
It also gives them the chance to find out new market opportunities through corporations that are aligned with sustainable business models. In other words, businesses aligned with sustainability models have become interdependent to each other because some of them have built partnerships in order to solve the global challenges. Additionally, the CEOs in the study have identified in order to be profitable and sustainable businesses they need to fulfill social responsibility and build trust with the
Please share, in your own words, why you believe the United Nations Global Compact group has initiated the “Accenture CEO Study”.
The UN Global Compact group initiated the “Accenture CEO Study” because today’s business leaders are committed to sustainable business. They believe by doing sustainable business they can increase profits and contribute to solving global challenges such as economic, environmental, education, and gender gap issues. In other words, CEOs believe if they act socially and environmentally responsible they can create value for the company and the society in general.
Why are they interested in what CEOs of companies are doing?
The UN Global Compact is interested in what the CEOs are doing because they want to know what efforts the business leaders are making in order to address the environmental and social issues. They also want to find out if the CEOs’ main and only objective to make a profit for their shareholders. In the surveys, they have found out the majority of CEOs believe sustainability is important for the success of their business and they are committed to addressing global challenges through education and training. The CEOs think the conditions for a sustainable business are already set since the majority of consumers demand the corporations for sustainable products.
Why are …show more content…
It also gives them the chance to find out new market opportunities through corporations that are aligned with sustainable business models. In other words, businesses aligned with sustainability models have become interdependent to each other because some of them have built partnerships in order to solve the global challenges. Additionally, the CEOs in the study have identified in order to be profitable and sustainable businesses they need to fulfill social responsibility and build trust with the